A Bottom Is In for U.S.-China Trade

A bottom is now in for trade between the U.S. and China. It might even be *the* bottom for the global tariff war that began in April 2025 but only time will confirm that for sure. What we do know for sure is that May 2026 saw the first increase in the rolling twelve month average of the value of goods exchanged between the U.S. and China for the first time since January 2025. There are also…